Timberland Bancorp(NASDAQ) TSBK

Timberland helps people in Washington save their money. It makes loans to buy or build homes. The bank also supports local business growth.

What Does the Bank Provide?

• Commercial Real Estate: Loans provided to businesses for buying or improving commercial properties.
• Construction Financing: Funding for building new homes, apartment complexes, and commercial sites.
• Mortgage Lending: Long-term loans for families purchasing one- to four-unit residences.
• Consumer Banking: Personal accounts for savings and checking plus loans for recreational vehicles.

Strategic Focus on Stability

• Operates as the holding company for Timberland Bank, a community lender based in Washington.
• Grew the total deposit base to $1.74 billion by March 31, 2026.
• Maintained a network of 24 branches across six Washington counties as of early 2026.

Local Focus and Liquidity

Timberland concentrates its operations in Western Washington to benefit from deep local market knowledge. The bank maintains high liquidity by keeping $270.5 million in cash at other financial institutions as of March 31, 2026.

Performance by the Numbers

• Revenue reached $28.8 million in Q2 2026, up 8.3% from $26.6 million in Q2 2025.
• Net income was $7.1 million in Q2 2026, up 5.6% from the prior year.
• Net interest income hit $37.2 million for the six months ended March 31, 2026.
• Total assets grew to $2.05 billion by March 31, 2026, up from $2.01 billion in September 2025.

Bottom Line

Timberland continues to grow its community banking presence through disciplined lending and a focus on Western Washington. Its recent performance shows steady growth in interest income and a stable deposit base.